Coats appoints former GKN Aerospace boss as CEO

Industrial thread and global footwear parts maker Coats on Thursday said it had appointed former GKN Aerospace boss David Paja as its chief executive, replacing Rajiv Sharma who has decided to step down after eight years in the role.

Paja is expected to join the board on September 1 and assume responsibilities a month later, the company said in a statement.

Reporting by Frank Prenesti for Sharecast.com